There are thousands of abandoned wells across the country, and governments are often forced to pick up the cost of plugging ...

Texas oil and gas drilling permits hit a three-year low as operators cut spending and drilling plans in response to falling ...

Petroleum prices, however, are being helped by a weaker dollar, which remains near a 52-week low against a basket of foreign currencies on the U.S. Dollar Exchange. A weaker U.S. currency makes dollar ...

In international markets, the Brent crude forwards dropped by 75 cents to USD 64.15 pb while those of the West Texas crude ...

West Texas Intermediate (WTI) Oil price falls on Friday, early in the European session. WTI trades at $60.41 per barrel, down ...

On Wednesday, a three-judge panel at the Court of International Trade in Manhattan halted US President Donald Trump from ...

A Washington state woman is suing seven oil and gas companies, saying they contributed to an extraordinarily hot day that led to her mother’s fatal hyperthermia in one of the nation’s first ...

The Texas Legislature has invested millions in research to clean the fracking wastewater. Critics say it’s not a viable ...

KUWAIT, 26th September, 2017 (WAM) -- The price of Kuwaiti crude oil went up on Monday by 56 cents to US$54.06 per barrel compared to $53.50 per barrel last Friday, the Kuwait Petroleum Corporation ...

Houston-based Chevron will layoff nearly 800 workers at its Permian Basin facilities in West Texas. The layoffs, expected to ...

At least four firms say they’re ready to treat the water so it can be released into rivers in West Texas. Environmental groups say the state is moving too fast.

Texas lawmakers pass SB 1150, requiring oil and gas wells inactive for 15 years to be plugged or reactivated, aiming to ...